LAKE RESOURCES N.L. — Director's Dealing 2025

Nov 12, 2025

Appendix 3Y Change of Director's Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX becomes ASX's property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	Lake Resources N.L.
ABN	49 079 471 980

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	David Dickson
Date of last notice	20 October 2025

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Direct
Nature of indirect interest	N/A
(including registered holder)
Date of change	6 November 2025
	7 November 2025
	10 November 2025
	11 November 2025
No. of securities held prior to change	(1) 2,512,325 - Ordinary Shares
	(2) 11,688,462 - Employee Awards Plan -
	Performance Stock Units
	(3) 17,776,456 - Employee Awards Plan - Restricted
	Stock Units
	(4) 4,000,000 - Employee Awards Plan – Options
	(5) 35,000,000 - Listed directors options exercise
	price $0.05 expiring 14 October 2028
Class	Ordinary shares (LKE)
Number acquired	10,800,000 - Ordinary shares
Number disposed	-
Value/Consideration	$60,562 ($0.0334 per share)
	$50,862 ($0.0343 per share)
	$99,692 ($0.0357 per share)
	$179,033 ($0.0380 per share)

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director's Interest Notice

		Appendix 3YChange of Director's Interest Notice	Appendix 3YChange of Director's Interest Notice
No. of securities held after change		(1) 13,312,325 - Ordinary Shares 10,800,000held byHSBC Custody Nominees (Australia) Ltd (asNominee and custodians of shares beneficiallyowned by David Dickson.(2) 11,688,462 - Employee Awards Plan -
		Performance Stock Units(3) 17,776,456 - Employee Awards Plan - Restricted
		Stock Units
		(4) 4,000,000 - Employee Awards Plan - Options(5) 35,251,232 - Listed directors’ options and BonusLoyalty options exercise price $0.05 expiring 14October 2028
Nature of change		On-market trade

Part 2 - Change of director's relevant interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract	Detail of contract	Detail of contract	Detail of contract	N/A	N/A	N/A	N/A	N/A	N/A
Nature of interest				N/A
Name of registered holder(if issued securities)				N/A
Date of change				N/A
No. and class of securitiesto which interest relatedprior to change				N/A
Interest acquired				N/A
Interest disosed				N/A
	p
Value/Con	sideration			N/A
Itt f	ter change			N/A
neres a
**+ **

Part 3 -[+] Closed period

Part 3 -+Closed period
Were the interests in the securities or	No
+contracts detailed above traded during aclosed period where prior written clearance
was required?
If so, was prior written clearance provided to	N/A
allow the trade to proceed during this period?
If prior written clearance was provided, on	N/A
what date was this provided?

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 2